Mount Hope, NY 10963

Property

Ownership: For Sale
Type: Unknown
Lot Size: 52 Acres

Financials

Price:$500,000
Annual Taxes:$22,529.73
2415 Montauk Highway PO Box 742, Bridgehampton, NY 11932
Listing Courtesy of Keller Williams Realty

This property is an unusual 52 acre property with a substantial collection of buildings.

Description

This property is an unusual 52-acre property with a substantial collection of buildings. It was purchased 20 years ago for a potential institutional, educational, retreat or adaptive-reuse property, rather than its value as 52 acres of vacant land. There are 13 existing buildings, which appear to be sound but have not been used for many years and most likely either need to be torn down or extensively renovated. The zoning is B-1 which is Mount Hope’s Business District, which permits a range of commercial uses, including offices, retail, restaurants and convenience stores, certain industrial, institutional and hospitality uses with Planning Board approval. The Town describes B-1 as a commercial district with less restrictive bulk requirements than its Local Business (LB) district. Permitted principal uses - Offices and professional offices- Banks- Restaurants and other eating and drinking establishments- Retail stores- Convenience stores-Personal-service businesses. Seller is anxious to sell and will entertain all reasonable offers. Assessor has value north of $1M. Seller will entertain all reasonable offers.

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.